704 Broadway Santa Cruz, CA 95062
Nine-unit apartment property in Midtown Santa Cruz with strong rental income.
Type:Multifamily
Lot size:
0.44 Acres- Added:
- Apr 3, 2026
- Days on Market:
- 25
- Last Refresh:
- Apr 3 at 5:02 am
Property Features for 704 Broadway
General Information
- Standard status
- Active
- Lot size
- 0.44 Acres
- Property subtype
- Multifamily
Listing agent Jimmy Castellanos License #CA: 02024152 (650) 391-1777
Listing office Palo Alto Office (650) 391-1777
Listing date Apr 3, 2026
Source Marcusmillichap
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of Palo Alto Office
Overview
Santa Cruz Midtown Apartment Building
Located in the heart of Midtown Santa Cruz, the property at 706 Broadway is a nine-unit apartment property situated on a 19,210 square foot lot. The property features four duplexes and one single-family home, all single-story. All nine units have one-bedroom floor plans, with seven of the nine units fully renovated. The property is near retail and lifestyle amenities along Soquel Avenue, Ocean Street, and Downtown Pacific Avenue. The building has been extensively maintained and upgraded, including new roofs, updated plumbing and electrical systems, a renovated common laundry room, fresh exterior paint, and an improved driveway. There are nine open parking spaces and eight private garages. The current monthly rent roll is $25,545, assuming the landlord implements a conservative $75 rent increase on 8 of the 9 units by February.
Location Intelligence
Current Use by Public Records
Apartment buildings
Location Insight
- Map
- Local Demand
- City
- Santa Cruz
- County
- Santa Cruz
- State
- California
- Longitude
- -122.015344
- Latitude
- 36.9743128
Nearby Similar for Sale
FAQs
What type of property is this?
Apartment building - Nine-unit apartment property in Midtown Santa Cruz with strong rental income.
Where is this apartment building located?
The property is located at 704 Broadway Santa Cruz, CA.
What is the asking price?
The asking price for this property is $3,500,000.
What are key features of this property?
This property features: Prime Midtown Santa Cruz location: Close to Downtown, the beach, and major commuter routes.; Strong Parking: Includes 9 open spaces and **8 private garages**, a rare amenity.; **Turn‑key Asset**: Extensively maintained and upgraded with new roofs, updated plumbing/electrical, renovated laundry, and fresh paint.
